The Property is in the heart of the city of Ventura. This desirable seaside community has a population of ±74,583 within a five-mile radius with average household incomes exceeding $114,000. The Property is located immediately east of the downtown core which includes City Hall and the seat of Ventura County government. Uses around the Property consist of various types of offices, retail stores, medical and entertainment as well as service uses along with single family homes and multifamily developments. It is a busy and vibrant location.